PIMCO Corporate & Income Strategy Fund broadens 80% investment policy effective August 28, 2026
The Fund's Board of Trustees approved changes to the Fund's 80% investment policy on June 23, 2026, effective August 28, 2026. The revised policy lets the Fund count income-producing investments, including certain derivatives and dividend-paying equities, toward its 80% test, and allows non-corporate issuers. The filing discloses the change through a prospectus and SAI supplement and does not report any financial results.
Key points
- Board of Trustees approved the change on June 23, 2026; effective date is August 28, 2026.
- Fund invests at least 80% of net assets (plus borrowings for investment purposes) in corporate debt and/or income-producing investments, which may include non-corporate issuers.
- Income-producing investments may include dividend-paying equity securities and derivatives on them, alongside Fixed Income Instruments.
- The Fund may not change this 80% Policy without at least 60 days' written notice to shareholders.
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 24, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.